Trading platform eToro has launched a new stock lending feature in the UAE that lets users earn extra income by lending out shares they already own – a service previously limited to large financial institutions
Stocks
Apple nears $4tn market cap boosted by strong iPhone 17 sales in China and US
On the verge of becoming only the third company to hit the $4tn mark as new model outsells iPhone 16 by 14% in first 10 days
AMD shares zoom 23.7% as OpenAI looks to take 10% stake in the company
OpenAI will deploy up to 6GWs of AMD Instinct GPUs over multiple years, beginning with a 1-gigawatt rollout in 2026
85 per cent of UAE investors bet on local stocks as global trade tensions rise: eToro
Survey of 1,000 UAE retail investors finds strong confidence in local equities, with real estate and technology leading sector preferences
UnitedHealth stock soars after Buffett’s Berkshire buys 5.04mn shares
America’s largest health insurance company had fallen nearly 63% from a 52-week high of $630.73 before Friday’s surge
Nvidia shares surge as it becomes world’s most valuable company again
Shares hit an all-time high of $154.31 on Wednesday, lifting it ahead of Microsoft with a market capitalisation of $3.77 trillion
Abu Dhabi’s Fertiglobe plans 2.5% share buyback, proposes $125mn dividend
The company’s AGM is slated for Wednesday, April 9